Common use of Survival of Borrower’s Representations Clause in Contracts

Survival of Borrower’s Representations. All covenants, agreements, representations and warranties made by any Borrower herein shall, notwithstanding any investigation by Lender, be deemed material and relied upon by Lender and shall survive the making and execution of this Agreement and the Loan Documents and the issuance of the Revolving Note, and shall be deemed to be continuing representations and warranties until such time as each Borrower has fulfilled all of its Obligations to Lender, and Lender has been paid in full. Lender, in extending financial accommodations to Borrowers, is expressly acting and relying on the aforesaid representations and warranties.

Appears in 7 contracts

Samples: Credit Agreement (Poet Technologies Inc.), Credit Agreement (Dr. Tattoff, Inc.), Credit Agreement (Wild Craze, Inc.)

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Survival of Borrower’s Representations. All covenants, agreements, representations and warranties made by any Borrower herein shall, notwithstanding any investigation by Lender, be deemed material and relied upon by Lender and shall survive the making and execution of this Agreement and the Loan Documents and the issuance of the Revolving Note, and shall be deemed to be continuing representations and warranties until such time as each Borrower has fulfilled all of its Obligations to Lender, and Lender has been indefeasibly paid in full. Lender, in extending financial accommodations to BorrowersBorrower, is expressly acting and relying on the aforesaid representations and warranties.

Appears in 3 contracts

Samples: Credit Agreement, Credit Agreement (THEDIRECTORY.COM, Inc.), Credit Agreement (Social Reality)

Survival of Borrower’s Representations. All covenants, agreements, representations and warranties made by any Borrower Borrowers herein shall, notwithstanding any investigation by Lender, be deemed material and relied upon by Lender and shall survive the making and execution of this Agreement and the Loan Documents and the issuance of the Revolving any Note, and shall be deemed to be continuing representations and warranties until such time as each Borrower has Borrowers have fulfilled all of its Obligations to Lender, and Lender has been indefeasibly paid in fullfull in cash. Lender, in extending financial accommodations to Borrowers, is expressly acting and relying on the aforesaid representations and warranties.

Appears in 2 contracts

Samples: Loan and Security Agreement (BG Staffing, Inc.), Loan and Security Agreement (LTN Staffing, LLC)

Survival of Borrower’s Representations. All covenants, agreements, representations and warranties made by any Borrower herein shall, notwithstanding any investigation by Lender, be deemed material and relied upon by Lender and shall survive the making and execution of this Agreement and the Loan Documents and the issuance of the Revolving Note, and shall be deemed to be continuing representations and warranties until such time as each Borrower has fulfilled all of its Obligations to Lender, and Lender has been paid in full. Lender, in extending financial accommodations to BorrowersBorrower, is expressly acting and relying on the aforesaid representations and warranties.

Appears in 1 contract

Samples: Credit Agreement (Wowio, Inc.)

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Survival of Borrower’s Representations. All covenants, agreements, representations and warranties made by any Borrower herein shall, notwithstanding any investigation by Lender, be deemed material and relied upon by Lender and shall survive the making and execution of this Agreement and the Loan Documents and the issuance of the Revolving Note, and shall be deemed to be continuing representations and warranties until such time as each Borrower has fulfilled all of its Obligations to Lender, and Lender has been paid in full. Lender, in extending financial accommodations to Borrowers, is expressly acting and relying on the aforesaid representations and warranties. relying on the aforesaid representations and warranties.

Appears in 1 contract

Samples: Credit Agreement (Hangover Joe's Holding Corp)

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